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$873,000

A rare opportunity awaits to own a deep-water, waterfront home on Okaloosa Island with sweeping panoramic Sound views and direct access to the Intracoastal Waterway — a true boater's paradise. This classic coastal residence, built in 1968 and lovingly owned by the same family for over 30 years, now presents an exceptional chance to create a custom luxury retreat. Imagine waking up to shimmering water views, enjoying sunsets from your private dock, and launching your boat directly from your backyard into the deep, navigable waters that lead to the Gulf. Property Highlights: -Premier deep-water lot with private dock -Expansive Sound views and vibrant sunsets -Easy access to the Gulf, beaches, dining, Fort Walton Beach and Destin Harbor -Ideal for new construction or high-end renovation Opportunities like this rarely come available on Okaloosa Island. Whether you envision a contemporary coastal masterpiece or the revival of a timeless beach home, this property offers the perfect canvas to bring your vision to life. Buyer to verify all information.

3 Beds ⋅ 2 Baths ⋅ 987818 MLS

424 Caviar Dr, Fort Walton Beach

$420,000

Multiple Offers. Highest and Best due by12pm on 07/25/26. Welcome to your coastal retreat on beautiful Okaloosa Island. Ideally located just 150 yards from the sugar-white sands and emerald waters of the Gulf, this beautifully renovated beachside home offers the perfect blend of coastal living, modern comfort, and investment potential. Enjoy easy access to Downtown Fort Walton Beach, Destin, waterfront dining, shopping, entertainment, boating, and some of the Emerald Coast's most sought-after beaches. Inside, you'll find a bright and inviting open-concept floor plan designed for effortless living and entertaining. Thoughtfully updated throughout, the home features oversized tile flooring, recessed lighting, custom plantation shutters, quartzite and luxury stylish finishes that create a fresh, relaxed atmosphere. The updated kitchen serves as the heart of the home, showcasing stainless steel appliances, sleek cabinetry, a classic subway tile backsplash, and an oversized island perfect for gathering with family and friends after a day at the beach. Spacious living areas provide plenty of room to relax and entertain, while the well-appointed bedrooms offer comfortable retreats filled with natural light. Every detail has been carefully considered to create a move-in-ready coastal escape. Step outside and embrace the island lifestyle. Spend your days walking to the beach, paddleboarding, fishing, boating, dining at local seafood restaurants, or simply enjoying breathtaking Gulf Coast sunsets. The generous lot provides abundant space for outdoor entertaining, future landscaping enhancements, additional parking, or boat and RV storage. With two bedrooms and exceptional versatility, this property is ideal as a primary residence, second home, or income-producing long-term rental. Its prime location near the beach, combined with extensive renovations and flexible outdoor space, creates lasting value and broad appeal. Opportunities to own this close to the beach are increasingly rare. Experience the charm, convenience, and relaxed coastal lifestyle that make Okaloosa Island one of Northwest Florida's most desirable destinations. Please note: Short-term rentals are not permitted.

2 Beds ⋅ 1 Baths ⋅ 1003692 MLS

407 Cobia Ave, Fort Walton Beach